PM receives CEO of Murphy Oil Corporation Business

PM receives CEO of Murphy Oil Corporation

Prime Minister Pham Minh Chinh received President and Chief Executive Officer of Murphy Oil Corporation Roger Jenkins in Washington D.C on May 13 afternoon (US time) as part of his trip to the US.
Petrol prices continue to go up Business

Petrol prices continue to go up

The retail prices of oil and petrol continued to rise from May 11 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance.
Industrial equipment shipped to Malaysia Business

Industrial equipment shipped to Malaysia

The shipment of nine modules for the oil and gas pipeline system at the methanol plant of the Sarawak Petrochemical Refinery has left Republic of Korea’s heavy industries Doosan Vietnam (Doosan Vina)’s port for installation at the Sarawak Refinery located in the coastal Bintulu City, Malaysia.
Petrol prices down by over 800 VND per litre Business

Petrol prices down by over 800 VND per litre

The retail prices of oil and petrol were adjusted down starting from 3pm on April 12 following the latest adjustment by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance.
PVEP exceeds numerous set targets in Q1 Business

PVEP exceeds numerous set targets in Q1

The PetroVietnam Exploration Production Corporation (PVEP) has fulfilled its yearly profit target for 2022 by the end of the first quarter of the year, earning an estimated 5,892 billion VND (nearly 258 million USD) in pre-tax profit, up 117 percent year-on-year and surpassing the yearly plan by 2 percent.
HCM City’s CPI up 1.51 percent in Q1 Business

HCM City’s CPI up 1.51 percent in Q1

Ho Chi Minh City’s consumer price index (CPI) in March increased 0.6 percent month-on-month and 2.03 percent year-on-year, pushing up the index in the first quarter of this year by 1.51 percent.
Malaysia’s oil, gas sector attracts foreign investors World

Malaysia’s oil, gas sector attracts foreign investors

Malaysia’s Petroliam Nasional Bhd (Petronas) has signed Production sharing contracts (PSCs) for five offshore exploration blocks, enabling the state-owned oil and gas firm to attract a capital commitment of about 600 million RM in exploration activities in Malaysia.
Vietnam, Malaysia boost post-pandemic economic cooperation Business

Vietnam, Malaysia boost post-pandemic economic cooperation

There is a really great potential for Vietnam and Malaysia to promote economic cooperation in the post-COVID-19 period, especially in trade and investment, according to an official from the Malaysian Ministry of International Trade & Industry (MITI).
PM stresses the need to ensure energy self-sufficiency Business

PM stresses the need to ensure energy self-sufficiency

It is a must to ensure energy self-sufficiency and balance in any circumstances, meeting energy demand in production, business, national defence and security, and other activities, Prime Minister Pham Minh Chinh said while chairing a working session with the Vietnam Oil and Gas Group (PetroVietnam) in Hanoi on March 16.
Measures proposed for stabilising fuel market Business

Measures proposed for stabilising fuel market

In the face of soaring fuel prices, Minister of Industry and Trade Nguyen Hong Dien proposed several measures for stabilising the market in the long run while fielding queries from full-time legislators on March 16.